Reasons to invest in the project Gates of Vilnius apartment I:
The apartment is on the 15th floor with excellent views of all the main areas of Vilnius;
The property is financed together with its own parking space;
Interest is paid monthly to investors with an attractive annual return of 7.1% to 7.6%;
Fixed annual return on capital gains: +1.5% (paid at the end of the project);
The loan-to-value (LTV) ratio for this phase is very attractive at 26%, with a maximum LTV of 75% for the whole project;
The apartment with a parking space were appraised by an independent appraiser at EUR 529,000.
InRento team presents a new buy-to-let project – Gates of Vilnius apartment I. The investment offer consists of exclusive apartment in the central part of Vilnius city, located at Antano Tumėno str. 4.
The apartment of 126.71 m² is located on the 15th floor with an excellent view of all the main sites of Vilnius. This fully furnished apartment will be rented for long-term and is just a few minutes walk from the Parliament of the Republic of Lithuania.
This apartment is financed with its own parking space, which further raises the attractiveness of this property. The apartment and the parking space are expected to generate a rental income of EUR 2,750 per month, which covers the amount of interest paid to the investors monthly.
Investors will be paid a fixed interest of 7.1% to 7.6% per annum each month, depending on the amount invested.
The project also has a fixed annual capital growth rate of 1.5%, payable at the end of the project. This raises the total yield for this phase to between 8.6% and 9.1% annual return.